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Company Profile

MetroCorp Bancshares, Inc., through its subsidiaries, provides a range of commercial and consumer banking services in Texas and California. It provides various deposit products and services, including checking and savings accounts, money market accounts, noninterest-bearing demand deposit transaction accounts, and interest-bearing NOW accounts, as well as time deposits comprising certificates of deposit and individual retirement accounts. The company also offers a range of loan products, such as commercial and industrial loans to wholesalers, manufacturers, and business service companies; commercial mortgage loans to finance the purchase of real property; residential mortgage loans; loans for the construction of residential and non-residential properties; loans for commercial properties that include multi-family, office, industrial, warehouse, and retail centers; and consumer loans, which comprise automobile loans, lines of credit, and other personal loans, as well as is involved in various government guaranteed lending programs. In addition, it provides trade finance loans and letters of credit to facilitate export and import transactions for small and medium-sized businesses, as well as offers ATM cards, debit cards, and online banking services. As of March 28, 2012, the company operated 13 banking locations in the greater Houston and Dallas metropolitan areas in Texas; and 6 banking locations in the greater San Diego, Los Angeles, and San Francisco metropolitan areas in California. MetroCorp Bancshares, Inc. was founded in 1987 and is headquartered in Houston, Texas.